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Staples, Inc. Announces the Election of Brenda C. Barnes and Richard J. Currie to its Board of Directors

Tuesday, June 11, 2002 7:00 am EDT

Dateline:

FRAMINGHAM, Mass.

Public Company Information:

NASDAQ:
SPLS
"We are excited to have the opportunity to leverage their expertise in driving innovation and delivering continued industry-leading growth."

FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) announced today that its shareholders voted in favor of the election of two new board members. Brenda C. Barnes and Richard J. Currie were elected to Staples Board of Directors at the company's annual shareholder meeting held earlier in the day.

"Both Brenda Barnes and Dick Currie add a tremendous wealth of experience to the Staples leadership team," said Ron Sargent, Staples President and Chief Executive Officer. "We are excited to have the opportunity to leverage their expertise in driving innovation and delivering continued industry-leading growth."

Ms. Barnes is a former President and CEO of Pepsi-Cola North America. She serves on the boards of Avon, Lucas Arts & Digital, The New York Times, Pepsi Americas and Sears, Roebuck & Co.

Mr. Currie is Chairman as well as a Director of Bell Canada Enterprises, and also serves on the board of CAE, Inc. He was President and a Director of George Weston Limited, a food processor and retailer, since 1996. Mr. Currie spent 25 years of his career at Loblaw Companies Limited, the premier Canadian food retailing chain.

About Staples

Staples, Inc. is an $11 billion retailer of office supplies, business services, furniture and technology to consumers and businesses from home-based businesses to Fortune 500 companies in the United States, Canada, the United Kingdom, Germany, the Netherlands and Portugal. Headquartered outside Boston, Staples invented the office superstore concept and today is the largest operator of office superstores in the world. The company has approximately 53,000 associates serving customers through more than 1,400 office superstores, mail order catalogs, e-commerce and a contract business. More information about the company is available at http://www.staples.com.

Contact:

Staples, Inc.
Investor Contact:
Laurel Lefebvre
Director, Investor Relations
508-253-4080
or
Media Contact:
Deborah Hohler
Public Relations Manager
508-253-8509

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